Departmental Papers

Frontiers of Economic Policy Communications

ByOlga Ilinichna Stankova

May 21, 2019

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Format: Chicago

Olga Ilinichna Stankova. "Frontiers of Economic Policy Communications", Departmental Papers 2019, 008 (2019), accessed 12/5/2025, https://doi.org/10.5089/9781498311038.087

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Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

The paper provides an overall view of communications across various areas of economic policy, aiming to help country authorities as they increasingly use communications as a policy tool in its own right. The paper identifies frontier communications challenges, drawing on a large body of research on the salient issues. Although communications can never be a substitute for good policies, economic reforms are more likely to fail or even be reversed if they are not understood or accepted by those whom they affect.

Subject: Banking, Communications in revenue administration, Energy subsidies, Expenditure, Financial sector policy and analysis, Financial sector stability, Fiscal policy, Inflation targeting, Monetary policy, Revenue administration

Keywords: balance of payments, bank guarantee, central bank communications, Communications in revenue administration, DP, DPPP, Energy subsidies, Financial sector stability, financial system, Global, government communications, IMF policy advice, Inflation targeting, public debate